profit from every $100 of sales.

Instacart (Maplebear Inc.)
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2025.
You pay $30.96 for every $1 of profit it makes in a year.
It holds more cash than debt.
Money in, money out
What Instacart (Maplebear Inc.) sold, what it kept, and what it did with the cash.
Sales went from $2.55 billion in 2022 to $3.74 billion in 2025, with $447 million of profit last year.
Instacart (Maplebear Inc.) handed back more cash to shareholders than it generated last year.
Instacart (Maplebear Inc.) vs. similar companies
Instacart (Maplebear Inc.) grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Instacart (Maplebear Inc.) | 31.0× · Expensive | ||
Alimentation Couche-Tard | 16.9× · Fair price | ||
Williams-Sonoma | 27.1× · Fair price | ||
Ulta Beauty | 24.1× · Fair price | ||
Coupang | 131.8× · Very expensive |
AI analysis
An AI analyst reads Instacart (Maplebear Inc.)'s last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| 1,834 | 2,551 | 3,042 | 3,378 | 3,742 | |
| 1,226 | 1,831 | 2,278 | 2,542 | 2,758 | |
| -86 | 62 | -2,142 | 489 | 498 | |
| -70 | 109 | -2,085 | 556 | 597 | |
| -73 | 428 | -1,622 | 457 | 447 | |
| -1.12 | 0.28 | -12.43 | 1.58 | 1.60 | |
| 66.8% | 71.8% | 74.9% | 75.3% | 73.7% | |
| -4.7% | 2.4% | -70.4% | 14.5% | 13.3% | |
| -4.0% | 16.8% | -53.3% | 13.5% | 11.9% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | – | 3,669 | 4,727 | 4,115 | 3,687 |
| Cash | 1,146 | 1,505 | 2,137 | 1,278 | 637 |
| Total debt | – | 49 | 40 | 26 | 36 |
| Total liabilities | – | 3,733 | 977 | 1,022 | 1,169 |
| -573 | -64 | 3,750 | 3,093 | 2,518 | |
| 66 | 276 | 131 | 289 | 280 | |
| – | – | -44.6% | 12.4% | 15.4% | |
| 12.7% | -668.8% | -43.3% | 14.8% | 17.8% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| -204 | 277 | 586 | 687 | 971 | |
| 13 | 24 | 54 | 64 | 61 | |
| -217 | 253 | 532 | 623 | 910 | |
| Dividends paid | – | – | – | – | – |
| 0 | 0 | 36 | 1,402 | 1,386 | |
| 22 | 33 | 2,756 | 300 | 352 |
Valuation
- 31.0×
- 24.3×
- –
- 3.7×
- 3.7×
- 15.2×
- 22.2×
- 6.6%
- 3.2%
- 0.0%
Profitability
- 73.7%
- 13.3%
- 11.9%
- 17.9%
- 16.9%
- 0.3%
- 16.3%
- 13.7%
- 21.6%
- 17.3%
Growth
- +19.5%
- –
- +46.2%
- –
- −1.4%
Financial health
- -1.0×
- 0.01
- 1.0%
- –
- 2.36
- 2.36
- 1.09
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $49.70
- Range
- $42.00 – $60.00
- 6 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 0.57 | 0.58 | −1.7% |
| Feb 12, 2026 | 0.53 | 0.52 | +1.9% |
| Nov 10, 2025 | 0.51 | 0.49 | +3.2% |
| Aug 7, 2025 | 0.41 | 0.38 | +6.6% |
| May 1, 2025 | 0.37 | 0.38 | −2.6% |
| Feb 25, 2025 | 0.53 | 0.38 | +40.7% |
| Nov 12, 2024 | 0.42 | 0.22 | +90.9% |
| Aug 6, 2024 | 0.20 | 0.13 | +53.8% |
News
S&P 500, Nasdaq, Dow Begin Week Higher As Anthropic IPO Filing Rekindles AI Enthusiasm — MSFT, AAPL, CART, VZ In FocusYahoo Finance · Oct 26, 2026A possible DoorDash-Instacart deal is all about keeping up with Walmart and Amazon, analysts sayMarketWatch · Oct 26, 2026Instacart gains on report it's in talks to sell itself (update)Seeking Alpha · Oct 23, 2026S&P 500, Dow Drop As Elevated Oil Prices Stoke Inflation Fears Ahead Of Fed Meeting Next Week — AAPL, AXP, CART, UBER In FocusYahoo Finance · Oct 23, 2026Airbnb enters grocery services with InstacartSeeking Alpha · Sep 22, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Instacart (Maplebear Inc.)
Is Instacart (Maplebear Inc.) a good stock to buy?
A solid business, but the price is high. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Instacart (Maplebear Inc.) AI analysis
What does Instacart (Maplebear Inc.) do?
Maplebear Inc., doing business as Instacart, provides online grocery shopping services to households in North America. It is in Specialty Retail, based in San Francisco, CA, United States, with 3,600 employees.
Does Instacart (Maplebear Inc.) pay a dividend?
No. Instacart (Maplebear Inc.) does not pay a dividend at the moment; in 2025 it returned $1.39 billion to shareholders by buying back its own shares.
Is Instacart (Maplebear Inc.) stock halal?
Yes. Instacart (Maplebear Inc.) passes our halal screen: its business is permitted and its debt is 0.3% of its market value, under the 30% limit. How we check
How has Instacart (Maplebear Inc.) stock done over the past year?
Up 45.5% over the past twelve months, to $58.48. It traded between $32.93 and $60.88 and is 3.9% below its high.
Who are Instacart (Maplebear Inc.)'s competitors?
The largest listed companies in the same industry are Alimentation Couche-Tard, Williams-Sonoma, Ulta Beauty and Coupang. The peers table on this page compares their profit, growth and price with Instacart (Maplebear Inc.)'s.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



